A few things need to happen very soon(if the signs are not here already):

1. Tech Company's should be able to accelerate and supplant the FAANGs of this world. Like even if 10x was discounted to 5x. It would mean that 10 human years of work would be shrunk down to 2 to make multi-billion dollar companies. This is not happening right now. If this does not start happening with the current series of model, murphy's law (e.g. interest rate spike at some point) or just damn show me the money brutal questions would tell people if it is "working".

2. I think Anthropic's honcho did a back of the envelope number of 600$ for every human in the US(I think just it was just the US) was necessary to justify Nvidia's market Cap. This should play out by the end of this year or in Q3 report.